Activision Blizzard is a buy, but wait with Take-Two Interactive

Jim Cramer of CNBC said on Tuesday that Activision Blizzard is in a better position in the short term than rival Take-Two Interactive.

Both video game companies reported earnings this week.

Activision Blizzard

“I think Activision Blizzard is on fire right now. I almost hope that the merger with Microsoft falls apart as soon as possible, so that you have more opportunities to buy,” he said.

take two

But he predicted that the company behind the Grand Theft Auto and Red Dead Redemption series would eventually produce another hit that would lead to a comeback.

“You have to believe in the turn to own this. It might be a little early after this big run,” he said.

Disclaimer: Cramer’s Charitable Trust owns shares in Microsoft.

Jim Cramer Talks Activision Blizzard and Take-Two Interactive

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